Shaw (CMN) Limited - Filleted accounts

SHAW (CMN) LIMITED - Company Information

Registered number

14073424

England & Wales

Shaw (CMN) Limited

Filleted Accounts

For the period ended 31 March 2023

Shaw (CMN) Limited
Balance Sheet
as at 31 March 2023

Notes			2023
£
Current assets
Property in course of development at cost		1,301,043
Debtors	3	13,961
		1,315,004

Creditors: amounts falling due within one year	4	(1,315,003)

Net current assets			1

Net assets			1

Capital and reserves
Called up share capital			1

Shareholder's funds			1

The Directors are satisfied that the Company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the Company to obtain an audit in accordance with section 476 of the Act.
The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The Accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Martin Peters			Richard George Norris
Director			Director
Approved by the board on 23 June 2023

Shaw (CMN) Limited
Notes to the Unaudited Accounts
for the period from 27 April 2022 to 31 March 2023


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Property in course of development
	Property development is stated at cost.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2	Employees	2023
Number

	Average number of persons employed (including Directors) by the company	3


3	Debtors	2023
£
	Other debtors	13,961


4	Creditors: amounts falling due within one year	2023
£

	Due to Shaw Corporation Limited	1,315,003


5	Controlling party

	The company is a 100% subsidiary of Shaw Corporation Limited, a company incorporated in England and Wales.


6	Other information

	Shaw (CMN) Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
	42 Langham Street, London W1W 7AT.